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Non-Profit Making Company

A Non-profit making Company is a Company which has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object and intends to apply its profits, if any, or other income in promoting its objects. Therefore, Section 8 Company (Non-Profit Making Company) is a company registered for charitable or not-for-profit purposes.

Advantages

Privileges and exemptions

Privileges and exemptions under Companies Act, 2013.

Stamp Duty exemptions

Exemption of Stamp Duty on registration.

Tax deductions

Tax deductions to the donors of the Company u/s 80G of the Income Tax Act.

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About Filingenie

Our service gamut includes a varied range of advisory and assurance products specifically designed to meet and assist an organization in all its decision making processes ranging from incorporating a new Company to undertaking corporate advisory and structuring/re-structuring activities.